digital lending

Exclusive: Techstars-backed BlackCopper set out to disrupt lending, now it owes investors ₦1 billion

Lending is a tough nut to crack, and Nigeria’s biggest banks, valued at trillions of naira, know this too well.…

8 months ago

Credit Direct, the digital lender with ₦4bn in 2023 profits wants a bigger piece of the pie

Digital lending is notorious for teaching expensive lessons. While every lender will talk up their proprietary algorithms and foolproof loan…

9 months ago

Tanzania targets predatory loans: Central Bank excludes unlicensed apps

Tanzania’s Central Bank will no longer allow unlicensed digital lenders to operate in the country and has told customers to…

9 months ago

Who calls the shots at Sycamore?

Sycamore, a Nigerian fintech startup, offers loans for individuals and businesses, including salary and business loans. It also enables users…

11 months ago

Crackdown on unlicensed companies cuts digital creditors in Kenya to 51

Before consumer protection laws were passed, any lender could run a digital credit business. Kenya has approved the operation of…

12 months ago